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New Hampshire Real Estate News |
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Up to date residential real estate news for Southern New Hampshire.
Provider: ERA The Masiello Group
Feed Type: Informational
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Most recent items from this feed:
Local New Hampshire housing market hit hard
If there really is a silver lining in every cloud, first-time buyers are playing the only upbeat note in the huge black thunderhead that is New Hampshire's housing market.
"The best buyers are those who don't own any real estate, have good credit, have cash for the down payment – they are the ones who can make deals," said Yve Hines, a real-estate agent with Re/Max Properties in Nashua.
"The first-time buyers are finally waking up and saying, 'What are we waiting for?' . . . If their credit is good, there's enough inventory for them to look at – and they don't have to compete. They have the time to decide."
That's for sure.
05/04/2008 02:07 AM
Health of New Hampshire real estate market
As president of the 6,500-member New Hampshire Association of Realtors, I’ve been concerned with the fact that recent national headlines have made their way to the local stream of consciousness, erroneously painting a picture of a statewide market reflective of a broad national downturn.
The most recent example was a piece that appeared in a New Hampshire daily newspaper with the headline, “Is this a good time to buy a home?” followed by a conclusion, “Well, no, stay on the sidelines a bit longer,” that is far too general to be relevant.
04/06/2008 03:20 AM
New Hampshire named 'most liveable state' in the US
One week after being named the safest state in the country, New Hampshire was named yesterday as the "Most Livable State." In its annual ranking, CQ Press put the state at the top of its annual rankings for the fifth straight year.
The rankings are based on a list of 44 factors, including median household income, crime rates, business tax climate, employment, health, environment and education.
Gov. John Lynch said the ranking "reaffirms what the citizens of our state already know - New Hampshire is a great place to live and work."
04/06/2008 03:18 AM
Experts say more pain before gain in NH housing
New Hampshire's housing market won't improve this year, although it's possible things could turn around in 2009, a panel of housing-industry experts said yesterday.
In the meantime, some on the panel predicted more pain for homeowners: not only will foreclosures likely increase, but prices could fall even further.
"The kind of environment we're in right now encourages buyers to sit on the sideline and sellers to jump in with both feet," said Russ Thibeault, an economist and president of Applied Economic Research in Laconia.
Thibeault also said the country was likely now in a recession, and also was facing a major credit crunch -- both things that would have an impact on the market.
The good news -- such as it is -- was that house prices in New Hampshire have held up better than they have elsewhere around the country.
03/07/2008 12:45 AM
Greater Nashua trudging through housing slump
At first, a four-bedroom ranch on Belmont Street in Merrimack with a walkout basement and recent upgrades was on the market for $259,900 just what the seller needed to recoup what she owed.
But when the property didn't move right away, and taking the vacant house off the market wasn't an option, the owner steadily lowered the price, said broker Richard Jean of Nashua's Central Realty.
It took six months and more than $50,000 in price reductions, but there's finally a pending sale for $204,900.
"It's called a short sale," Jean said. "That's what it took to get it done. And the house is in very good condition....
01/26/2008 11:25 PM
New Hampshire in better shape to handle mortgage crisis
New Hampshire home owners, like those around the country, are increasingly likely to be forced into a mortgage foreclosure in coming months.
But -- while it may be of little comfort to those individuals -- the state economy will be just fine, a state study released Monday found.
-New Hampshire is likely to come through the foreclosure wave better than most parts of the country and fare better than it did in the New England real estate bust of the early 1990s, the state Housing Finance Authority found....
12/10/2007 09:39 PM
Northeast home prices remain strong
New housing data released by the National Association of Realtors (NAR) suggest the Northeast is weathering the real estate slump better than the rest of the country.
Even as existing home prices in October tumbled in the South and West, prices in the Northeast rose 1.3% compared to a year ago—the sixth straight month of appreciation, according to the NAR, which released its monthly home price report on Nov. 28. Home prices nationwide declined 5.1% in October compared to October, 2006. The South dropped 6.7%; the West, 6.9%; and the Midwest, 1.6%.....
12/05/2007 07:56 AM
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